Instructions Instructions Read the Chapter 10 Closing Case: Managing Foreign Cur

Instructions
Instructions
Read the Chapter 10 Closing Case: Managing Foreign Currency Exposure at 3M (pp. 334) and answer the questions below. Write a minimum of 1-to 2-pages (double-spaced), not recapping the case history or repeating the material in the case. Make sure to address the following in your case study analysis:
If the dollar appreciates in value against most other countries over the next year, what will the impact of this be on 3M?
If the dollar depreciates in value against most other countries over the next year, what will the impact be on 3M?
Should 3M hedge against adverse movements on foreign exchange rates? How should it do this?
Should it hedge all of its foreign exchange transactions, or just a subset?
Grading
This assignment is worth 100 points and due on Sunday.

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Instructions
Read the Chapter 10 Closing Case: Managing Foreign Cur
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